Mozambique’s ex-finance minister faces sentencing in New York in ‘tuna bonds’ corruption case
- Mozambique's former finance minister, Manuel Chang, has been sentenced to eight-and-a-half years in prison for his role in the tuna bond scandal that caused a financial crisis in the country.
- Chang was convicted of accepting $7 million in bribes and misrepresenting $2 billion in loans, leading to significant losses for investors.
- The tuna bond scandal resulted in nearly 2 million Mozambicans falling into poverty, with the country facing a $2 billion debt crisis.
- At least 10 people have been convicted in connection with the scandal, including the son of former president Armando Guebuza.
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Total News Sources0
Leaning Left7Leaning Right6Center3Last UpdatedBias Distribution44% Left
Bias Distribution
- 44% of the sources lean Left
44% Left
L 44%
C 18%
R 38%
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